Vietnam's fruit and vegetable exports recover rapidly, with nearly 60% exported to China

Published 2023년 5월 29일

Tridge summary

From January to May of this year, Vietnam's fruit and vegetable exports saw a significant increase of 29% year-on-year, reaching nearly US$1.9 billion, as reported by the Vietnam Fruit and Vegetable Association (Vinafruit). The top markets for these exports include China, the United States, the Netherlands, and Malaysia. China alone accounted for 59% of these exports with a total of 805 million US dollars. Despite competition from other countries, Vietnam's fruit exports have experienced substantial growth, with notable increases in the Chinese market. The major export categories are durian, dragon fruit, and bananas. The second half of the year is expected to be more optimistic for fruit and vegetable exports, with projections estimating the total annual export to exceed 4 billion VND due to increased purchases from both China and the United States.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the report of the Vietnam Fruit and Vegetable Association (Vinafruit), Vietnam’s fruit and vegetable exports from January to May this year were nearly US$1.9 billion, a substantial increase of 29% year-on-year. Among the top 10 export markets, China, the United States, the Netherlands and Malaysia had the strongest growth. Among them, only The total amount of fruits and vegetables purchased by China from Vietnam reached 805 million US dollars, accounting for 59% of the total export volume. Nguyen Dinh Tung, general manager of Vina T&T Import and Export Company, said that despite fierce competition with Thailand, Cambodia, and the Philippines, Vietnam’s fruit exports have still achieved substantial growth. In the first four months of this year, his company’s exports to the United States and Canada The export volume has declined, but it has achieved a 20% increase in the Chinese market. The major export categories are durian, dragon fruit and bananas. This year, they ...

Source: Guojiguoshu